Mark Corrao resigned as the Chief Financial Officer of Petrogress, Inc. effective as of March 9, 2018. On March 9, 2018 the Company appointed Nikolaos Mourtzanos, to replace Mr. Corrao and serve as Chief Financial Officer in a consulting capacity on a part time basis. Mr. Mourtzanos, age 37, has been the Finance Manager of Petrogress, Inc. since January 2018. From April 2017 through January 2018 he served as Financial Controller of Antares Shipmanagement SA. His primary responsibilities with Antares included overseeing company’s financial functions and management reporting, and communicating with its stakeholders. Prior to holding that position, Mr. Mourtzanos served from March 2016 until March 2017 as Financial Controller of Boston Carriers, Inc.