John Platsidakis will step down from his position as top executive of the Angelicoussis Group, confirming market rumours in Athens he is to leave the post.

"I am honoured and glad for the opportunity I had to be part of this great company for the last 32 years," he told TradeWinds.

Platsidakis has been managing director of the group's dry bulk outfit Maran Dry Management, previously known as Anangel Maritime Services.