Costamare (NYSE:CMRE) (NYSE: CMRE) is one of the world’s leading owners and providers of containerships for charter. The company’s core business revolves around the acquisition and long‐ and short‐term chartering of modern container vessels that serve global liner operators and other shipping companies. Costamare’s fleet consists of a diversified mix of ship sizes, from feeder vessels to ultra‐large container ships, enabling it to meet a broad spectrum of customer needs across different trade routes and cargo profiles.
Headquartered in Athens, Greece, Costamare operates on a truly global scale, with vessels calling at major ports in Asia, Europe, the Americas, the Middle East and Africa. The company maintains close relationships with leading liner operators, offering flexibility in charter terms and deployment to optimize utilization and revenue. In addition to its core containership chartering activities, Costamare engages in selective vessel acquisitions and sales, fleet modernization initiatives and technical management arrangements designed to ensure high reliability and compliance with evolving environmental regulations.
Founded in 1974 by Captain Vasileios Costamare, the company has grown from a small family‐owned business into a publicly traded entity listed on the New York Stock Exchange in 2005. Over nearly five decades, Costamare has built a reputation for disciplined fleet expansion, prudent financial management and a strong emphasis on safety, quality and environmental stewardship. The company’s strategic vision has guided it through multiple industry cycles, enabling it to capitalize on growth opportunities while maintaining a resilient balance sheet.
Costamare’s management team comprises seasoned maritime professionals with decades of experience in ship operations, chartering and finance. The board of directors is led by Executive Chairman Captain Vasileios Costamare, and supported by a leadership group responsible for commercial strategy, technical oversight and corporate governance. Through a combination of industry expertise and a customer‐focused approach, Costamare aims to deliver consistent service and long‐term value for its charterers and shareholders.
