Maritime Industry Briefing: Safe Bulkers Lists on Euronext Athens, Navy Awards $515M Radar Contract

## Safe Bulkers Pioneers Shipping Listing on Euronext Athens Dry bulk shipowner Safe Bulkers has secured what Seatrade Maritime reports is the first shipping company listing on Euronext Athens, marking a notable milestone for both the company and the Greek capital markets. The move broadens the company's investor base and strengthens its ties to Greece's maritime community, while the company retains its primary listing on the New York Stock Exchange. The dual-listing strategy reflects a growing trend among Greek-owned shipping companies seeking to deepen engagement with domestic capital markets while maintaining access to the liquidity and visibility afforded by major U.S. exchanges. ## Shipping Industry Demonstrates Resilience Amid Geopolitical Disruption Speaking at the Posidonia conference, industry leaders underscored the shipping sector's capacity to adapt in the face of mounting structural and geopolitical pressures. According to Seatrade Maritime, delegates were told that resilience and flexibility remain the defining characteristics of an industry that has continued to keep global cargo flows moving through a succession of major disruptions — from pandemic-era supply chain dislocations to ongoing conflicts affecting key trade routes. The shipping industry was characterised as the 'problem solvers of world trade,' a framing that reflects both the sector's operational agility and its critical role in sustaining global commerce. ## Raytheon Secures $515 Million U.S. Navy Radar Contract Raytheon, an RTX business, has been awarded a $515 million contract by the U.S. Navy for the SPY-6 family of radars, according to a company announcement. The contract is focused on accelerating integration and test support for what the Navy describes as its most advanced maritime radar system. The SPY-6 programme is central to the U.S. Navy's surface warfare modernisation efforts, providing enhanced threat detection and tracking capabilities across multiple vessel classes. The award underscores continued defence investment in next-generation maritime surveillance and combat systems at a time of heightened naval activity across multiple global theatres. --- *Sources: Seatrade Maritime, PR Newswire*