Global Ports Investments PLC announced that the board has appointed Albert Likholet, currently Managing Director of Petrolesport and First Container Terminal, as CEO of the Global Ports, effective July 16, 2020. Albert Likholet will also continue in his role as the Managing Director of Petrolesport and First Container Terminal. This decision follows the announcement on 25 June 2020, that Vladimir Bychkov will depart from the Group effective July 15, 2020. Mr. Likholet was appointed as Managing Director of Petrolesport in August 2018 and First Container Terminal in May 2019. He previously held the position of CEO at Novoroslesexport (‘NLE’), for seven years, having been promoted from his role as the Container Terminal Manager.