Safe Bulkers Makes History as First Shipping Company Listed on Athens Stock Exchange
Hadjidakis: Safe Bulkers’ listing on the Exchange redefines the relationship between shipping and the capital market
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Safe Bulkers, a Greek shipping company, has made history by becoming the first shipping firm to be listed on the Athens Stock Exchange, marking a significant milestone for Greek shipping and capital markets. Deputy Prime Minister Kostis Hatzidakis emphasized the importance of this event for the economy and the future of shipping in Greece.
- 01Safe Bulkers operates a fleet of 45 dry bulk vessels and has orders for 11 new ships.
- 02The listing on the Athens Stock Exchange provides Safe Bulkers with a dual presence in capital markets, alongside its existing listing on the New York Stock Exchange.
- 03Deputy Prime Minister Kostis Hatzidakis highlighted the historic significance of this event for Greek shipping and the economy.
- 04Hatzidakis anticipates that Safe Bulkers' listing will pave the way for other shipping companies to follow suit.
- 05The event was attended by key figures including the Cypriot Minister of Shipping, indicating regional support for this development.
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Safe Bulkers, a Greek-owned shipping company, has officially commenced trading on the Athens Stock Exchange, marking a historic first for the exchange and for the shipping industry in Greece. The company, which operates a fleet of 45 dry bulk vessels and has placed orders for 11 new ships, now enjoys a dual listing, maintaining its presence on the New York Stock Exchange as well. Deputy Prime Minister Kostis Hatzidakis attended the event and emphasized the importance of this listing, stating it redefines the relationship between shipping and capital markets. Hatzidakis expressed optimism that this milestone would encourage other shipping companies to consider listings on the Athens Stock Exchange, thereby enhancing the visibility and viability of Greek shipping in the financial sector. He congratulated the leadership of Safe Bulkers and the Athens Stock Exchange for this significant achievement, which he believes heralds a new era for Greek shipping and its connection to capital markets.
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The listing is expected to strengthen the Greek economy by enhancing the visibility of its shipping sector in capital markets.
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