Costamare Inc. owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies providing transportation of cargoes. The company also charters dry bulk vessels to various customers providing worldwide transportation for dry bulk cargoes. As of February 24, 2026, it had a fleet of fleet of 79 containerships and 38 dry bulk vessels. The company was founded in 1974 and is based in Monaco.
Costamare Inc. is a marine shipping company that owns and operates containerships and dry bulk vessels worldwide. The company's containerships are chartered to liner companies for the transportation of containerized cargoes, while its dry bulk vessels are chartered to various customers for the global 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 shipping industry. The company was founded in 1974 and is headquartered in Monaco.
Where is Costamare Inc. (CMRE-PD) listed and in which currency?
Costamare Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol CMRE-PD. The company trades in US Dollars (USD), which is the primary currency for its financial reporting and stock transactions. As a US-listed company, its shares are accessible to investors through major brokerage platforms, and its financial performance is reported in USD, aligning with standard practices for companies listed on US exchanges.
What sector and industry does Costamare Inc. (CMRE-PD) belong to?
Costamare Inc. operates in the Industrials sector, specifically within the Marine Shipping industry. This industry encompasses companies that provide maritime transportation services for cargo and goods. As a marine shipping company, Costamare focuses on the ownership and operation of vessels, including containerships and dry bulk carriers, which are essential for global trade. The Industrials sector includes a wide range of businesses involved in manufacturing, transportation, and infrastructure, with marine shipping being a critical component for moving goods across oceans.
Where is Costamare Inc. (CMRE-PD) headquartered and what markets does it serve?
Costamare Inc. is headquartered in Monaco, a sovereign city-state on the French Riviera. The company serves global markets, with its containerships chartered to liner companies that transport cargoes worldwide, and its dry bulk vessels providing transportation services for dry bulk cargoes across international routes. By operating a large fleet of 79 containerships and 38 dry bulk vessels as of February 24, 2026, Costamare supports global trade by connecting producers and consumers across continents. Its strategic location in Monaco allows it to manage a diverse fleet serving customers in various regions.
How does Costamare Inc. (CMRE-PD) generate revenue?
Costamare Inc. generates revenue primarily by chartering its vessels to customers. The company owns a fleet of containerships and dry bulk vessels, which it leases out under time charters or voyage charters to liner companies and other customers. For containerships, these charters are typically with liner companies that require reliable transportation for containerized cargo. For dry bulk vessels, charters are arranged with various customers needing worldwide transportation of bulk commodities. As of February 24, 2026, Costamare's fleet included 79 containerships and 38 dry bulk vessels, providing a steady stream of charter income. The company's long-standing presence in the industry since 1974 has enabled it to build strong relationships with charterers.