Maran Gas Maritime managing director Stavros Hatzigrigoris is stepping down from his role today after 39 years with the Angelicoussis Group.

Maran Gas said the move of the well-known industry face is part of "internal reorganisation" within the company.

In a statement, Hatzigrigoris said: "My 39 years with the Angelicoussis Group have been stimulating and challenging, and I am proud that I have been able to contribute significantly to its growth and success.