Greek shipping tycoon Philip Alexander Embricos-Coumoundouros died peacefully in Paris on November 20. He was 78 years old.
Embricos was the director of Embiricos Shipbrokers UK, served as President of BIMCO from 2007-2009, and was for many years on the Executive Committee of Intertanko as well as Lloyds Register Technical Committee.
Embricos was a qualified naval architect. He was renowned on the shipping conference circuit, offering great insight to the technical and commercial value of ships. Embricos was always thinking ahead as to the consequences of what the next regulation would bring to the market. Embricos was a member of the Baltic Exchange since 1979.