Costamare Inc.
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- Business
- Costamare Inc. is an international owner and provider of containerships for charter, operating a fleet of 69 containerships with a total capacity of approximately 520,000 twenty-foot equivalent units (TEU). The company's core products and services include owning, managing, and chartering high-quality containerships of varying sizes—including feeder, Panamax, and post-Panamax vessels—that serve short, medium, and long-haul routes across global geographical trades. Costamare provides time-charter services primarily to financially strong and leading liner companies under multi-year contracts, ensuring consistent utilization and operational efficiency. It also participates in a leasing business that offers financing solutions to third-party shipowners. Costamare serves an international market with a significant presence in Asia, Europe, and the United States. Founded in 1975 and headquartered in Monaco, the company operates through various subsidiaries and has maintained a strong reputation for reliable shipping services. In recent years, Costamare has undergone significant strategic changes, most notably the spin-off of its dry bulk business into a standalone public company, Costamare Bulkers Holdings Limited, completed in May 2025. This spin-off separated its dry bulk vessels—which had grown to a fleet of about 37 dry bulk carriers—from its containership operations, allowing Costamare to focus exclusively on container shipping. Post-spin-off, Costamare continues to own and operate its containership fleet while retaining control over Neptune Maritime Leasing, a leasing platform. Additionally, Costamare has concluded multiple shipbuilding contracts and exercised options for newbuild containerships, reflecting a commitment to fleet renewal and expansion to meet evolving market demands. The company has also established long-term partnerships with major liners and logistics providers globally, reinforcing its position as a leading containership owner and operator. Costamare operates primarily in the international shipping industry with a focus on containerized cargo transportation. Its containerships are chartered mainly to liner companies, while its former dry bulk operations transported major bulk commodities such as iron ore, coal, and grains. The company's shipping management services are supported by Costamare Shipping Company S.A., which manages its fleet with a team of highly experienced maritime professionals. Costamare's corporate governance and strategic management emphasize long-term customer relationships, fleet utilization efficiency, and prudent expansion of its asset base. The company trades on the New York Stock Exchange under the ticker CMRE and continues to uphold its reputation as a dependable chartering partner in global maritime logistics. This description reflects the company's status and strategic focus as of late 2025 following the spin-off and recent fleet developments.
Company News
Costamare (CMRE) Rises Higher Than Market: Key Facts
Costamare: Contracted Growth At An Attractive Valuation
13 Graham Value Dividend All-Stars (GVAS) Shine In October
Costamare Bulkers Holdings Limited Announces Election of Class I Director at 2026 Annual Meeting of Stockholders
Costamare Inc. Announces Election of Class I Director at 2026 Annual Meeting of Stockholders
Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock
Graham Value All-Stars (GVAS) Emit 10 Brilliant September Buys
A Look at Costamare Inc (CMRE) After 5.9% Decline -- GF Value $9.30 vs Price $14.84
Costamare Bulkers Holdings Limited Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2026
Costamare Bulkers Holdings Limited Sets the Date for Its Second Quarter 2026 Results Release
Costamare: Great Earning, But Not For Shareholders
Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2026
Costamare Inc. Sets the Date for Its Second Quarter 2026 Results Release
Costamare Inc. Sets the Date for Its Second Quarter 2026 Results Release
Costamare Bulkers Holdings Limited Announces 2026 Annual Meeting of Shareholders
Costamare Inc. Announces 2026 Annual Meeting of Stockholders
July Graham Value All-Stars (GVAS) Emit 10 Beaming Buys
Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock
Costamare Bulkers: Cleaner Deck, But Still Lacks A Compass
13 Lucky Dogs: June Graham Value All-Stars (GVAS)