Greek shipowner Panagis Zissimatos looks like he is attempting to reactivate Adriatic Tankers three years after he reappeared on the shipping scene with a new company under his own name.
Adriatic was his flagship company, but it collapsed in the 1990s in a blizzard of legal disputes, recriminations and vessel arrests.
Greek shipping ministry documents released on the internet on 26 January 2021 show Adriatic Tankers Shipping Co SA — an identical namesake to the old Zissimatos management company — has obtained an operating licence.