Philip Embiricos, a scion of one of Greece's most legendary shipping families and former head of Bimco, passed away earlier this month.

A fixture on the international shipping conference circuit for his outspoken and insightful views, Embiricos died peacefully in Paris on 20 November, the Baltic Exchange said on its website.

"His passion for the industry will be remembered as will his smile when he challenged those less informed offering their unqualified opinions," the Baltic statement said.