Costamare Inc.

Costamare Inc. is a Monaco-based company that owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies, which use them to transport containerized cargo across global trade routes. The company also charters dry bulk vessels to various customers for the worldwide transportation of dry bulk commodities such as grains, coal, and iron ore. As of February 24, 2026, Costamare's fleet consisted of 79 containerships and 38 dry bulk vessels, making it a significant player in the marine shipping industry. The company was founded in 1974 and has since built a substantial fleet serving international shipping needs.

Costamare Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol CMRE-PB. The company's shares trade in US Dollars (USD), which is the standard currency for stocks listed on US exchanges. Being listed on the NYSE provides Costamare with access to a broad base of global investors and liquidity. The company is headquartered in Monaco, but its listing on a major US exchange allows it to attract capital from international markets.

Costamare Inc. operates in the Industrials sector, specifically within the Marine Shipping industry. This classification reflects the company's core business of owning and operating vessels that transport cargo by sea. The marine shipping industry is a critical component of global trade, facilitating the movement of goods between continents. As a player in this industry, Costamare provides essential services to liner companies and dry bulk customers, supporting supply chains worldwide. The company's fleet of containerships and dry bulk vessels enables it to serve diverse shipping needs, from containerized goods to bulk commodities.

Costamare Inc. is headquartered in Monaco, a sovereign city-state on the French Riviera. Despite its small size, Monaco is a prominent hub for shipping and maritime services. The company serves global markets, with its containerships chartered to liner companies that operate on major trade routes worldwide, and its dry bulk vessels transporting cargoes across international waters. As of February 24, 2026, Costamare's fleet of 79 containerships and 38 dry bulk vessels allows it to serve customers in various regions, including Asia, Europe, and the Americas. The company's operations are truly international, leveraging its Monaco base for strategic oversight.

Costamare Inc. generates revenue primarily by chartering its vessels to customers. The company owns a large fleet of containerships, which it leases to liner companies under time charters or bareboat charters. These charters provide a steady stream of income over the contract period. Additionally, Costamare charters dry bulk vessels to various customers for the transportation of dry bulk cargoes. The company's business model focuses on long-term charters to ensure stable cash flows, while also managing a modern and efficient fleet. As of February 24, 2026, its fleet comprised 79 containerships and 38 dry bulk vessels, providing significant capacity to generate charter revenue from global shipping demand.