'I really, really wanted to leave at the top,' says Ullman, 'but this is the lowest possible'

Kim Ullman will wake up on 1 January without a job in shipping for the first time in 45 years.

The chief executive is retiring at the end of the year, after steering Stena-owned tanker company Concordia Maritime through a restructuring that secured its future.

"I hate the word retirement," he told TradeWinds. "I prefer to call it 'some time off'."