Stepping into the shoes of an iconic shipping magnate who was able to read markets early and make the right call would be a heavy burden for anyone, but Maria Angelicoussis’ task is made harder by the fact that the industry is at a crossroads.

Even smaller companies will find it hard enough to take the fundamental, high-stakes decisions necessary to manage the transition to a low-carbon future — let alone the behemoth that John Angelicoussis, who died on Saturday, bequeathed.