The Cadet Scholarship Program 2024 - 2025 of SAFE BULKERS Inc., with the Cyprus Maritime Academy (CYMA) – Intercollege was implemented this year for the 2nd consecutive year and the award ceremony was organized on May 16, 2025 at our company's offices in Limassol.
Within the framework of the Program, Safe Bulkers evaluated the newly admitted and existing cadets/students at the Cyprus Maritime Academy (CYMA) and chose to award eight (8) selected students with a scholarship worth 5,000 euros each awarded for each year of study at the Academy (four years of total duration)
Prior to the award, the cadets had the opportunity to meet both the Managers and the experienced executives of our company's Crew Department and discuss the details of their internship on our company's state-of-the-art ships under the Cypriot flag. Also, the specialized mechanical engineers and shipbuilders of the Technical Department of our company presented to the cadets the electronic systems for monitoring the ships and the digital tools for measuring the operation indicators of the company's fleet.
The event was greeted and honored with the presence of the CEO of Safe Bulkers Inc., Mr. Polys V. Hadjioannou, who stressed that "The scholarship program is an important initiative for the creation of new talents and tomorrow's executives in the shipping sector of Cyprus, while strengthening the shipping industry of the country to become more competitive in view of the international challenges it is called upon to face."
As Mr. Hatzioannou stressed, "Safe Bulkers' priority and constant desire is to further strengthen the position of the Cypriot flag in the global arena. A reflection of our will is the Cadet Scholarship Program with the Cyprus Maritime Academy (CYMA) which will help students achieve their academic and professional goals. Cypriot shipping needs competent and qualified executives in order for them to be the future executive of shipping companies based in our city of Limassol.
We warmly thank CYMA and Intercollege for supporting this event and we warmly congratulate the awarded students – cadets!”
ELNAVI Newsletter
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