The prize winners were announced at a ceremony in Mansion House in the City of London on Friday evening.

Shipping’s favourite analyst and commentator Dr Stopford was honoured for his long and important contribution to the industry, which included his seminal text on shipping economics and finance entitled ‘Maritime Economics’.

He shares the shipping prize with Professor Trevor Heaver, the former director of the Centre for Transportation Studies at the Sauder School of Business, University of British Columbia.

Heaver