Page 246 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - ΜΑΙΟΣ 2024

CAPITAL MARKETS

Greek shipping companies have long been an integral part of the global maritime industry,
with their reach and influence extending far beyond the shores of the Aegean Sea.

NAVIGATING

SUCCESS

HOW THE NYSE AND THE US CAPITAL MARKETS HELP STEER
GREEK SHIPPING COMPANIES TO PROSPERITY

According to the Union of Greek Shipowners, Greece is the
leading shipping nation worldwide, with over 20% of the global
fleet and almost 60% of Europe’s fleet. This strong presence
expands across shipping sectors, including container ships,
tankers, and dry bulk carriers.
Given the sizeable impact of this group, the New York Stock
Exchange (NYSE) is proud to be the listing home for one dozen
Greek shipping companies, which have a total market value
of over $5 billion.
Our Greek shipping companies listed on the NYSE include
new issuers we welcomed to the stock market recently, such
as Okeanis Eco Tankers (NYSE: ECO), as well as some of the
oldest listed Greek shipping companies in the world, including
Tsakos Energy Navigation (NYSE: TNP), which recently cele-
brated 20 years of being listed on the NYSE and 30 years as
a publicly-traded company.
This long-term relationship makes a great deal of sense. The
NYSE is the epicentre of the US capital markets and home
to some of the most prestigious and iconic companies glob-
by Cassandra Seier, ally. These markets are the most liquid in the world, offering
Head of International Capital Markets issuers the broadest base of investors and deepest pools of
at New York Stock Exchange
liquidity. With this pool of capital, Greek businesses can con-

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