Athens, Greece. Safe Bulkers has started trading on the Main Market of Euronext Athens in a move aimed at strengthening links between Greek shipping and European capital markets. The development came as Posidonia 2026 opened in Athens and Cyprus reported a sharp year-on-year drop in tourism revenue for March 2026.
Safe Bulkers listing in Athens
Safe Bulkers, which has been listed on the New York Stock Exchange since 2008, began trading in Athens under the symbol SB, with an initial trading price of €5.70.
The opening ceremony was attended by Deputy Shipping Minister Marina Hadjimanolis, Cyprus’ ambassador to Greece Stavros Avgoustides and their associates, highlighting Cyprus’ connection to the listing, as Safe Bulkers is based on the island.
In her remarks, Hadjimanolis thanked Safe Bulkers founder and chief executive Polys Hadjioannou for his steady and long-standing support for Cypriot shipping.
She also said that, through Safe Bulkers, “the heart of Cyprus from today beats strongly on the Athens Stock Exchange”.
Posidonia 2026 opens in Athens
Greek shipping’s global reach was highlighted at Posidonia 2026 after Nasdaq marked the opening of the international maritime exhibition in Athens with a Times Square greeting.
The message displayed on the Nasdaq Tower in New York read: “NASDAQ Welcomes Posidonia 2026 & Wishes All Participants Good Success!”
Its appearance on one of the world’s most recognisable digital screens reflected Posidonia’s growing international profile and pointed to the long-standing presence of Greek-linked shipping companies in global capital markets.
The gesture came as Posidonia 2026 opened in Athens at a time of heightened geopolitical uncertainty, pressure on major sea routes and renewed debate over the pace and extent of shipping’s green transition.
Cyprus tourism revenue declines
Cyprus’ tourism revenue fell by 33.8 per cent year-on-year in March 2026 to €85.6 million, according to a report from the Cyprus Statistical Service (Cystat).
