New Chapter for Costamare: Dry Bulk Spin-Off To Create Two Focused Public Companies

Costamare Inc. (NYSE:CMRE) has announced plans to spin off its dry bulk business into a newly formed standalone company, Costamare Bulkers Holdings Limited. This move will create two independent, publicly traded entities, each specializing in distinct shipping sectors.

Following the spin-off, Costamare Inc. will continue as a global container shipping provider, retaining ownership of its container vessels and Neptune Maritime Leasing Limited.

Meanwhile, …

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