Torm's nemesis leaves Excel Maritime

First he was rejected as CEO of dry bulk carrier Excel Maritme, and now the Greek shipowner and former Torm-owner Gabriel Panayotides has left the major carrier entirely, according to Lloyd's List.

BY KATRINE GRØNVALD RAUN

Many people in the industry have probably been waiting for this to happen. When Greek shipowner and former major shareholder in Torm Gabriel Panayotides and his family would get enough and walk away from the Greek dry bulk carrier Excel Maritime Carriers.

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Torm's nemesis leaves Excel Maritime

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Front page now

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

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Analysis: Capesizes have become too expensive despite strong market

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