Well-known LNG shipping figure Richard Gilmore has announced he will retire as the executive vice president of Maran Gas Maritime at the end of 2021.

Gilmore, 66, was in at the start of Maran Gas, joining it a year after it was established in 2003, when the company launched into the LNG sector with its first four steam turbine vessels.

Maran Gas said Gilmore was instrumental in helping to secure the first charters for the company’s newly ordered LNG vessels.

As part of the senior management team, he oversaw the commercial aspects of the fleet and helped guide the expansion of the company to a modern fleet of 37 operating vessels of various sizes and propulsion technologies, it added.

Vital contribution

Angelicoussis Group chief executive Maria Angelicoussis praised her outgoing gas chief warmly.

"I wish to personally thank Richard for his relentless work throughout the 18 years that he has been part of our company and for his vital contribution towards its growth and evolution," she said.

"Aside from his many achievements, Richards’ greatest legacy is his ethos. His steadiness, professionalism and kindness have and will continue to inspire the next generation at Maran Gas, and he will be sorely missed."

Mark Terzopoulos, who joined the company in early 2020 and has been working closely with Gilmore, is to take on the role of commercial director at Maran Gas.

Gilmore's decision to step down has emerged in the same week that Sveinung Stohle, the outgoing chief executive of Hoegh LNG Holdings, was unveiled as the new deputy chief executive for the Angelicoussis Group.

But TradeWinds understands that the LNG chief's departure is unrelated.

Gilmore has been a long-standing and familiar face in the LNG shipping industry.

Maran Gas Maritime's Richard Gilmore said his time at the company has been an 'incredible experience — both professionally and personally'. Photo: Maran Gas Maritime

The softly-spoken American studied naval architecture and marine engineering at the Webb Institute, later slotting in time at the Harvard Business School. He worked for 27 years with Energy Transportation Corp in the US before heading to Greece.

"This has been an incredible experience — both professionally and personally," Gilmore said of his time at Maran Gas.

"While I look forward to starting a new chapter in my life, I will always think fondly of my time at Maran Gas, the incredible people I have worked with there, and the Angelicoussis family whose dynamic leadership was, and continues to be, inspiring."