Greek Konstantinos Konstantakopoulos-led New York-listed shipowner and operator Costamare Inc. (CMRE) has officially announced its acquisition of capesize bulk carrier, demonstrating a firm commitment to expanding Costamare Inc.’s (CMRE) presence in the bulker sector. This strategic move comes as the Athens-based New York-listed shipowner and operator Costamare Inc. (CMRE) endeavors to diversify its portfolio, even amidst the challenges posed by the dry bulk carrier market, which had a marginal impact on an otherwise profitable second quarter. As a prominent player in the maritime industry, Costamare Inc. (CMRE) operates a sizable fleet of approximately 170 bulk carriers and container ships. In light of its recent success, the company reported a commendable net income of $63.2 million. With this acquisition and the company’s resolute focus on diversification, Costamare Inc. (CMRE) aims to bolster its position and chart a steady course in the ever-evolving shipping landscape. 29-July-2023
Konstantinos Konstantakopoulos, the esteemed chairman and CEO of New York-listed shipowner and operator Costamare Inc. (CMRE), has acquired a noteworthy 5.1% stake in the New York-listed pure-play capesize owner Seanergy Maritime (SHIP). In the latest development between shipowners, the CEO of Costamare Inc. (CMRE), Konstantinos Konstantakopoulos, has made a strategic investment in Stamatis Tsantanis-led pure capesize shipowner and operator Seanergy Maritime (SHIP). Costamare Inc. (CMRE), a prominent Greek company specializing in container ships and bulk carriers, had been speculated to show interest in Eagle Bulk Shipping (EGLE), but Costamare Inc. (CMRE) has allocated its investment funds in Seanergy Maritime (SHIP). The trend of notable dry bulk companies attracting investment from fellow public shipowners continues, with Greece’s renowned Costamare Inc. (CMRE) forming a new partnership with Seanergy Maritime (SHIP). Konstantinos Konstantakopoulos announced on Wednesday the company’s acquisition of 1.02 million shares in New York-listed pure-play capesize owner Seanergy Maritime (SHIP). Last year, New York-listed shipowner and operator Costamare Inc. (CMRE) established Costamare Bulkers Services Pte. Ltd. Currently, Seanergy Maritime (SHIP) owns and operates 16 capesize bulk carriers. 6-July-2023
Greek Konstantinos Konstantakopoulos-led New York-listed shipowner and operator Costamare Inc. (CMRE), has acquired a significant portion of the New York-listed pure-play capesize owner Seanergy Maritime (SHIP), a compatriot company listed on Nasdaq. As indicated in a report to the US Securities and Exchange Commission (SEC), Longshaw Maritime Investments, controlled by Konstantinos Konstantakopoulos, purchased nearly 1.02 million shares, amounting to a 5.1% stake in Seanergy Maritime (SHIP). While this is a personal investment by Konstantinos Konstantakopoulos, who previously obtained shares in Tsakos Energy Navigation in 2022, the acquisition of a substantial stake in Seanergy Maritime (SHIP). Currently, New York-listed shipowner and operator Costamare Inc. (CMRE) maintains a fleet consisting of 71 containerships and 43 bulk carriers. In addition, Costamare Inc. (CMRE) possesses an operational platform that engages in chartering activities for bulk carriers, and it is involved with Neptune, a leasing enterprise led by Harris Antoniou, which offers financing services to third-party owners. 5-July-2023
New York-listed shipowner and operator Costamare Inc. (CMRE) spin-off Costamare Bulkers chartered out six (6) newcastlemax bulk carriers to Germany-based RWE Supply and Trading for long-term periods. Costamare Bulkers Services Pte. Ltd. is established in Singapore on 20 September 2022 as a private company. Gregory Zikos-led Costamare Inc backs Costamare Bulkers Services Pte. Ltd’s more than half of fleet now includes newcastlemax bulk carriers. Costamare Bulkers Services Pte. Ltd controlled all newcastlemax bulk carriers are all fitted with scrubbers and have been chartered for three to four years in an en-bloc deal. New York-listed shipowner and operator Costamare Inc. (CMRE) spin-off Costamare Bulkers chartered out 2021 built newcastlemax bulk carrier 211K DWT MV Shandong Happiness, 2021 built newcastlemax bulk carrier 211K DWT MV Shandong Innovation, 2021 built newcastlemax bulk carrier 211K DWT MV Shandong Mightiness, 2021 built newcastlemax bulk carrier 211K DWT MV Shandong Prosperity, 2021 built newcastlemax bulk carrier 210K DWT MV Shandong Mission, and 2022 built newcastlemax bulk carrier 210K DWT MV Shandong Renaissance. 26-February-2023
New York-listed shipowner and operator Costamare Inc. (CMRE) established Costamare Bulkers Services Pte. Ltd. Costis Constantakopoulos-led Costamare Group appointed Ex-Oldendorff team and set up commercial offices in Copenhagen, Hamburg, and Singapore for Costamare Bulkers Services. Costamare Bulkers Services Pte. Ltd. is established in Singapore on 20 September 2022 as a private company. Ex-Oldendorff employees will handle commercial management of supramax, panamax, and capesize bulk carriers at Costamare Bulkers Services Pte. Ltd. Costamare Bulkers Services’ commercial offices are established in Copenhagen, Hamburg, and Singapore will be backed by Costamare Group. Currently, Costamare Bulkers Services Pte. Ltd. operates 45 bulk carriers. 1-November-2022
New York-listed shipowner and operator Costamare sold 2009 built supramax bulk carrier 57K DWT MV Thunder to a Chinese shipowner and operator for around $18 million. New York-listed shipowner and operator Costamare entered into bulker segment 2021. Costamare owns one of the industry’s largest fleets of containerships for charter. In 2021, Costamare acquired 46 dry bulk carriers of diverse sizes (7 Kamsarmax Bulk Carriers, 1 Panamax Bulk Carrier, 5 Ultramax Bulk Carriers, 17 Supramax Bulk Carriers, 16 Handysize Bulk Carriers), these bulk carriers will serve short, medium and long-haul dry bulk trade routes worldwide. In July 2021, Costamare acquired 2009 built supramax bulk carrier 57K DWT MV Thunder for around $14 million. 6-May-2022
Handysize bulk carriers have been providing freight earnings unseen in recent years. The handysize bulk carrier market keeps surprising all market players. On 23 July 2021, the Baltic Exchange Handysize Index (BHSI) bounced to 1,736 points which is the highest point since September 2008. Especially, handysize bulk carriers have been quick to profit from the uneven nature of the post-Covid global economic recovery. Furthermore, old handysize bulk carriers previously considered to be more or less out-of-date have been in tremendous demand. Consequently, handysize bulk carriers are on the shopping lists of prominent Greek shipowners. Athen-based Brave Maritime, Costamare, Alma Shipmanagement & Trading, and Evalend Shipping have been investing in handysize bulk carriers. 25-July-2021
New York-listed shipowner and operator Costamare Inc. (CMRE), which had been a pure-play containership shipowner until the company acquired up to sixteen (16) dry bulk carriers in June 2021. Today, Costamare Inc. published that the company added tween (12) dry bulk carriers. Costamare Inc. (CMRE) is led by Costis Constantakopoulos. According to Costamare Inc. (CMRE), dry bulk carriers are undervalued relative to their current and forward-implied earnings potential. The latest dry bulk carrier acquisitions make Costamare Inc. (CMRE one of the most rapidly expanding companies in the dry bulk market. 2-July-2021