Denis Petropoulos Appointed New Baltic Exchange Chairman

Denis Petropoulos
Denis Petropoulos

By The Maritime Executive 05-18-2019 10:22:01

Denis Petropoulos has been elected Chairman of the Baltic Exchange Council with effect from June 1, 2019. He replaces Duncan Dunn who has held the position since January 2018. 

Petropoulos has worked in competitive ship broking for 40 years. He presently sits on INTERTANKO's Associate Members' Committee and is a non-executive director of TEN, a New York Stock Exchange listed tanker company.

He left H.Clarksons in 1985 to open Braemar Tankers, which by 2001, had evolved into a publicly listed company where he sat on the board. In 2011, he opened the group's ship broking office in Singapore and remained there until 2017 heading up the corporation's expanding operations in the Asia-Australia. He came off the PLC board in 2015 and is now based in London.

He has been a Baltic Exchange Member since 1999 and has held positions on the Baltic board 2002-2007 and joined the Council in January 2019.

Commenting on the appointment, Baltic Exchange Chief Executive, Mark Jackson said: "Denis Petropoulos is a highly respected and well-known ship broker who played a critical role in the setting up of the Baltic tanker indices in the late 1990s. We're delighted that he will be dedicating his time to chairing the Baltic Council. The Baltic Council is a key body which gives voice to our membership and ensures that our products and services meet their needs."

Petropoulos said: "I have always been a passionate supporter of the Baltic Exchange and its values. During my term in office I intend to pay particular attention to raising awareness of the maritime industry to the younger generation. At the same time I want to ensure that Baltic members' ideas and concerns are heard at Council level as well as support the Baltic's drive to increase its profile in Asia." 

The Baltic Exchange Council is the governing body which oversees the Baltic, including its Membership Committee, in relation to the Baltic Exchange's strategy for membership services, social responsibility and relationship with its members, governments, regulatory bodies and the global shipping community.