Martinos says East Med has previously considered the idea of floating and could do so in the future when he expects a greater portion of his rivals to do the same.

He said: “I have flirted with the idea of going public not for the reason of raising capital but for the continuity.

“If you are public, you have a more collective management, you have a corporate profile, so I would not exclude in the future that we go public but perhaps in a European venue.”

He