Costamare, a New York-listed owner of boxships, reveals busy S&P activity in its unaudited financial results for the second quarter and six-month period ended June 30.
The company, founded by the
Costamare, a New York-listed owner of boxships, reveals busy S&P activity in its unaudited financial results for the second quarter and six-month period ended June 30.
The company, founded by the Greek captain Vasileios Konstantakopoulos in 1975, reported the disposal of two secondhand container vessels, the 2002-built Porto Kagio and Porto Germeno.
The sales are expected to be finalized by the end of the first quarter of 2027, with the estimated sale proceeds after respective debt prepayment to be at $54.5m.
Greece’s Costamare, during the second quarter of 2026, also reported adjusted net income from continuing operations available to common stockholders of $75.1m ($0.62 per share).
It also concluded new financing agreements for $920m and refinanced existing obligations.
Regarding the market, charter rates are on a firming trend in an active market with a number of fixtures concluded across most vessel sizes.
97% and 94% of the company’s containership fleet
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