ΝΑΥΤΙΛΙΑ
Star Bulk Opening Bell Spyros Kapralos Speech
Opening of Trading Ceremony — Euronext Athens
Spyros Capralos, Chairman of the Board of Directors
16 September 2026
Madam Vice-Chair of the Hellenic Capital Market Commission,
Mr Vice-Chair,
Mr Boujnah, my dear friend Stéphane,
Mr Kontopoulos,
Ladies and gentlemen,
Dear friends,
Let me begin by telling you how moved I am to be standing here today — in this building where, almost twenty years ago, I had the joy and the honour, as its President, of inaugurating the new building of the Athens Exchange and celebrating its 130 years of history.
Today, just one day after the 150th anniversary we all celebrated together yesterday, we are back here to ring the bell for the first day of trading of Star Bulk Carriers on Euronext Athens.
The public offering closed more than six times oversubscribed, with bids exceeding €656 million.
This is not simply a successful offering. It is the market’s answer to a question that, until recently, remained in the air: does the Greek capital market have the depth and the credibility to host the industry in which Greece leads the world?
The answer has come back clearly.
I want to thank, by name, everyone who worked to bring us here.
•The Hellenic Capital Market Commission, for the rigour and, at the same time, the speed with which it handled an undertaking without precedent.
•The Chief Executive Officer of Euronext, Stéphane Boujnah, who was the first to believe in the idea that Greek shipping companies should be able to list at home.
•A big thank you as well to Yiannos Kontopoulos and the entire team of my former colleagues at Euronext Athens, who ran this project with speed and efficiency.
•The Joint Coordinators and Bookrunners, AXIA / Alpha Finance and the National Bank of Greece; the Underwriters — Credia Bank, Optima Bank, Pantelakis and Ambrosia — and our legal, financial and communication advisors, for their work against an extremely tight timetable.
• And, of course, the Star Bulk team, who worked so hard that we completed our listing here on Euronext Athens within just two months of taking the decision.
I do not think a listing has ever been completed on such a fast track.
Above all, however, I want to thank our new shareholders.
Thousands of retail investors and dozens of institutional portfolios placed their money and their trust in our hands.
And let’s also not forget our existing shareholders on Nasdaq, who, throughout our 20-year history, have supported us and helped us grow Star Bulk into the largest publicly listed dry bulk company.
I said only a few days ago that trust is built slowly and lost quickly.
Today, we have been given that trust.
From tomorrow, we owe it to you to earn it — every single day.
Today is a day of celebration.
But it is also a day of responsibility.
And with that responsibility in mind, I will now hand over to our CEO and the founder of Star Bulk Carriers, Mr. Petros Pappas, before we ring the bell together.
Thank you.

























