Costamare Inc.
CMRE-PB
New York Stock Exchange26.29
USD
-0.01
- -
CIK
0001503584
ISIN
MHY1771G1109
Return %
Stock
S&P500
1Y
5.32
26.53
3Y
10.78
76.60
5Y
3.45
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Konstantinos V. Konstantakopoulos
- Full Time Employees
- 2,430
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- 7 Rue du Gabian Monaco Monaco 98000
- IPO Date
- Aug 1, 2013
- CIK
- 0001503584
- Website
- costamare.com
- Similar Companies
- Business
- Costamare Inc. (NYSE: CMRE, CMRE-PB, CMRE-PR C, CMRE-PR D) owns and charters one of the world's largest fleets of containerships to leading liner companies including Maersk, MSC and CMA CGM; the fleet comprises 69 vessels in the water with total capacity of approximately 520,000 TEU plus six newbuild 3,100 TEU containerships on order for delivery in 2027-2028, each secured to eight-year time charters with a leading liner company upon delivery; vessels operate on East-West, North-South and intra-regional trade routes with sizes ranging from post-Panamax to smaller feeder classes; the company provides in-house technical management, crewing, insurance and regulatory compliance services; Costamare participates in lease financing through its controlling interest in Neptune Maritime Leasing Limited (NML), which funds or commits to 50 shipping assets totaling over $650 million. Founded in 1975 and headquartered in Monaco with management offices in Athens, Greece, Costamare serves the global marine shipping industry, focusing on containerized cargo transportation for liner operators. In May 2025, Costamare completed the spin-off of its dry bulk business into Costamare Bulkers Holdings Limited, retaining focus on containerships and NML; during Q3 2025, the company concluded contracts for two additional 3,100 TEU newbuilds, accepted delivery of the 6,541 TEU Maersk Puelo on time charter to Maersk, fixed forward employment on seven containerships for 12-38 months, drew $361.6 million in new five-year debt financing for six larger vessels with no significant maturities until 2027, and grew NML investment to $182.2 million; these actions boosted contracted containership revenues by over $310 million to $2.6 billion (TEU-weighted 3.2 years duration), achieving 100% fleet employment for 2025 and 80% for 2026.