Two companies held by John Frangos have been deleted from official shipping registers, leaving the Greek owner without any known active maritime entities to his name.
The operating licences of Irika Shipping SA and First Lines Company SA were revoked after the pair failed to submit annual business activity reports, as ship-management outfits are required to under Greek law.
Shipping ministry officials filed the deregistration papers on Christmas Eve and published them online on 21 January.