FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Traios Christos P

2. Date of Event Requiring Statement (MM/DD/YYYY)
10/12/2017 

3. Issuer Name and Ticker or Trading Symbol

Petrogress, Inc. [PGAS]

(Last)        (First)        (Middle)

10 SP TRIKOUPI STREET, 5TH FLOOR

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                            ___ X ___ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
President, CEO and CFO /

(Street)

PIRAEUS, J3 18538       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

10/19/2017 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, par value $0.001   115000000   D    
Series A Preferred Stock, par value $0.001   100   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Purchase Warrant   7/3/2017   7/3/2022   Common Stock, par value $0.001   15000000   $0.0500   D    
Revolving Line of Credit Note   7/13/2017   7/13/2018   Common Stock, par value $0.001     (1) $0.0010   D    
8% Convertible Promissory Note   (2) 5/12/2017     (3) Common Stock, par value $0.001   139880000   $0.0010   D    

Explanation of Responses:
(1)  On July 13, 2017 Petrogress, Inc. issued a $1,000,000 Revolving Line of Credit Note ("LOC Note") in favor of the Reporting Person. The LOC Note bears interest payable on the outstanding principal at a rate of eight percent (8%) per annum. The Reporting Person may demand payment of any or all of the interest due on the LOC Note principal amount by delivery of a number of shares of Common Stock converted at a rate of $0.001 per share.
(2)  This Form 3 is being amended to disclose an 8% Convertible Promissory Note in the principal amount of $134,600 dated May 12, 2017.
(3)  The note matured on November 12, 2017

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Traios Christos P
10 SP TRIKOUPI STREET
5TH FLOOR
PIRAEUS, J3 18538
X X President, CEO and CFO

Signatures
/s/ Christos P. Traios 10/12/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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