24 Petros Pappas, Star Bulk
Timing is everything in shipping. Star Bulk chief executive Petros Pappas took the company's fleet of more than 110 vessels within a few months and placed his full faith in the potential of scrubbers, committing to equip the entire fleet with the abatement technology to comply with the 2020 sulphur cap. Profits soared. But did he make the right choices at the right moment with expansion and this hefty capital investment?
Chief executive elevated Star Bulk's profits and fleet size while emerging as one of the most visible proponents of scrubbers ahead of the 2020 sulphur cap
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