John Angelicoussis was not just Greece’s biggest shipowner. The deceased magnate was also the staunchest supporter of the country’s flag at a time when most of his peers were busy registering their vessels under offshore jurisdictions.
The company’s Greek-flag policy started with his father but John Angelicoussis continued it and brought it to new heights.
Almost all of Angelicoussis Shipping Group (ASG)’s 140 vessels fly the Greek flag, accounting alone for nearly one-third of the country’s entire oceangoing fleet.
