Denis Petropoulos has been elected chairman of the Baltic Exchange Council as from 1 June 2019. He replaces Duncan Dunn who has held the position since January 2018. Denis Petropoulos was a founding partner of Braemar Tankers Ltd and remains a significant shareholder at Braemar Shipping Services PLC. He most recently headed up Braemar's Singapore office for seven years, before returning to the UK. He has been a Baltic Exchange member since 1999 and held positions on the Baltic board 2002-2007 and joined the Council in January 2019. Denis Petropoulos said: "I have always been a passionate supporter of the Baltic Exchange and its values. During my term in office I intend to pay particular attention to raising awareness of the maritime industry to the younger generation. At the same time, I want to ensure that Baltic members' ideas and concerns are heard at Council level as well as support the Baltic's drive to increase its profile in Asia."