Ocean-going shipping is making its debut on the Athens Stock Exchange, as part of the effort of the new owner of the bourse, Euronext, to increase the volume and value of transactions.
Strategically, Euronext is betting on the success of its venture thanks to the global primacy of Greek-owned shipping, which constitutes a potentially huge market for Athinon Avenue.
The initiative is being taken by Safe Bulkers, but according to well-informed market sources, similar moves for parallel trading on the Athens Stock Exchange are reportedly being evaluated by Star Bulk, headed by shipowner Petros Pappas, and Seanergy, whose chairman and CEO is Stamatis Tsantanis.
