John Angelicoussis

John Anthony Angelicoussis (Greek: Ιωάννης Αγγελικούσης; 16 November 1948 – 10 April 2021)[1] was a Greek billionaire, owner of the Angelicoussis Shipping Group.

John Angelicoussis
Γιάννης Αγγελικούσης
Born
John Anthony Angelicoussis

(1948-11-16)16 November 1948
London, England or Piraeus, Greece
Died10 April 2021(2021-04-10) (aged 72)
Athens, Greece
NationalityGreek
OccupationOwner of Angelicoussis Shipping Group
SpouseElizabeth Angelicoussis
Children1

Early life

John Anthony Angelicoussis was born in November 1948,[2] the son of Anthony J. Angelicoussis (1918–1989) and Maria Papalios.[3] He bought his first ship in 1953. In 1968, with his partner Dimitris Efthymiou, he established the Agelef Shipping Company, and then joined his father's company in 1973.

Career

In 1987, Anangel-American Shipholdings was floated on the Luxembourg stock market. Two years later the company listed on Nasdaq, where it remained until it was delisted in 2001.[3]

John Angelicoussis managed Angelicoussis Shipping Group, which owned Anangel Maritime Services, Maran Tankers Management and Maran Gas Maritime.[4] In 2002, he reached an agreement with his sister to break the 50/50 control deal and take over the group.[5]

Fortune

In March 2015, Angelicoussis had a net worth of $2.4 billion, and a fleet of 96 ships, according to Bloomberg.[6]

In June 2014, Anangel Maritime controlled a fleet of 48 dry bulk vessels (with 35 capesizes), Maran Tankers had a tanker fleet of 31 ships (including 23 VLCCs) and Maran Gas had 9 LNG carriers and 17 newbuildings on order. The total fleet deadweight controlled by Anangel Maritime and Maran Tankers amounted to 18 million tonnes, while Maran Gas had 1.4 million cbm in the water and 2.8 million cbm on order, according to Tradewinds. Apart from having the largest Greek-owned fleet, Angelicoussis controls the largest Greek-flag fleet, with only one bulk carrier under non-Greek colors and seven tankers, which are on bareboat charters.[7]

In 2019, he was still the largest shipowner in Greece in terms of tonnage.[8] In July 2018, he had ordered his 100th ship,[9] and strengthened his investments in LNG ships,[10] his company being the number 1 shipper of LNG to the US in 2019[11] and the first Greek company to own LNG carriers.[12]

Awards

  • 2005: 5th in the Lloyd's List Top 100 Most Influential People in the Shipping Industry.[12]
  • 2004: 4th in the Lloyd's List Top 100 Most Influential People in the Shipping Industry.[13]

Personal life

He was married to Elizabeth Angelicoussis. Their only daughter, Maria Angelicoussis (Mrs Lawrence Frankopan), has trained as a doctor and works for the Angelicoussis Group since 2009. She is involved in all major investment decisions taken and in the daily operations of all three management companies.[14]

References

  1. https://lloydslist.maritimeintelligence.informa.com/LL1136419/Shipowner-John-Angelicoussis-dies-in-hospital
  2. "John Anthony ANGELICOUSSIS - Personal Appointments (free information from Companies House)".
  3. "Anthony J. Angelicoussis (1918-1989)". greekshippinghalloffame. Retrieved 11 March 2015.
  4. "The 15 most influential Greek ship owners for 2013". GR Reporter. 19 December 2013. Retrieved 11 March 2015.
  5. "An amicable split with sister Anna | TradeWinds". TradeWinds | Latest shipping and maritime news. 30 May 2002. Retrieved 2019-10-31.
  6. Metcalf, Tom (9 March 2015). "Billionaire Greek Ship Owners Surface While Home Economy Sinks". Bloomberg. Retrieved 11 March 2015.
  7. Whittaker, Gillian (Summer 2014). "Leave it to the Professionals". tw+ Quarterly from Tradewinds.
  8. "John Angelicoussis retains crown as Greece's largest shipowner". Seatrade Maritime - Shipping, Maritime and Offshore Marine News. 2019-07-23. Retrieved 2019-10-31.
  9. "John Angelicoussis orders his 100th ship at DSME | TradeWinds". TradeWinds | Latest shipping and maritime news. 4 July 2018. Retrieved 2019-10-31.
  10. "Angelicoussis adds LNG carrier at DSME and eyes further orders -". Splash 247. 2019-06-12. Retrieved 2019-10-31.
  11. "Three Greek Groups Leading US LNG Shippers". GTP Headlines. 2019-01-15. Retrieved 2019-10-31.
  12. "Ulysses Systems - Top names in Greek shipping honoured at Lloyd's List Awards(Ship. Int. Monthly Review, Dec 05,p.6-9)". www.ulysses-systems.com. Retrieved 2019-10-31.
  13. "One Hundred Most Influential People in the Shipping Industry. Edition 6". Lloyd's List. December 2015. Retrieved 22 December 2015.
  14. Whittaker, Gillian (12 April 2013). "Angelicoussis bags good deal for VLCC". TradeWinds. Retrieved 11 March 2015.


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