CMRE

Costamare Inc. is an international owner and charter of containerships serving liner shipping companies globally. The company owns and operates a modern fleet of container vessels ranging from small feeders to large Post-Panamax and Neo-Panamax vessels. Costamare charters its vessels to major shipping lines including Maersk, MSC, Hapag-Lloyd, CMA CGM, and others under time charter contracts generating predictable revenues. The company generates cash flows from long-term charter agreements while benefiting from vessel ownership and potential value appreciation. Founded in 1974 by the Konstantakopoulos family and headquartered in Monaco, Costamare went public in 2010. The company benefits from experienced management, modern fuel-efficient fleet, long-term charter backlog providing revenue visibility, and relationships with major liner operators. Costamare faces cyclical container shipping markets, charter rate volatility, vessel values fluctuations, and technological obsolescence risks. The company maintains a dividend-paying structure attractive to income investors. Costamare continues to renew charters, acquire vessels opportunistically, and manage its fleet to generate stable cash flows and shareholder returns through shipping cycles.