Costamare Inc. Elects New Class III Directors for 2025

Author: Dylan Bailey Updated: 10-02-2025 07:46 AM

Costamare Inc. Announces Recent Developments

Costamare Inc. (NYSE: CMRE), a prominent global provider of containerships for charter, has shared significant news regarding its recent annual meeting of stockholders. The virtual meeting brought forth the election of two distinguished directors to the Class III board.

Election of Class III Directors

Konstantinos Konstantakopoulos and Charlotte Stratos have been elected as the new Class III directors. Each will serve a term culminating in the annual meeting of stockholders scheduled for 2028, and they will continue to serve until their successors are properly appointed and qualified.

Independent Auditors Appointment

During the same meeting, stockholders confirmed Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the independent auditors for the fiscal year concluding on December 31, 2025. This reinforcement of auditing transparency signals the commitment of Costamare Inc. to uphold high standards of financial accountability.

Costamare Inc.'s Operational Overview

Established with over five decades of experience, Costamare Inc. stands as one of the leading entities in the shipping industry. The company operates a fleet of 68 containerships, boasting a remarkable total capacity of approximately 513,000 TEU. Additionally, the company is advancing its growth trajectory with four newbuild containerships currently under construction, which will add another 12,400 TEU to their operational capacity.

Shipping Excellence

Costamare Inc.'s ability to deliver high-quality containerships for charter has set it apart in the competitive shipping market. With a solidified reputation built on reliability and service, the company’s offerings are vital to global logistics, enhancing its strategic position within the maritime sector.

Investment Opportunities

The company’s shares, including its common stock and various preferred stock series, are actively traded on the New York Stock Exchange. This provides investors with diverse opportunities to engage with the company's growth and stability, further bolstered by the latest board appointments and auditor confirmations.

Contact Information

For further inquiries regarding Costamare Inc., potential investors or stakeholders can reach out to the following contacts:

Company Contacts:
Gregory Zikos - Chief Financial Officer
Konstantinos Tsakalidis - Business Development

Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: ir@costamare.com

Frequently Asked Questions

What recent changes occurred in Costamare Inc.'s board?

Two new Class III directors were elected, enhancing the leadership team of Costamare Inc.

Who are the newly elected Class III directors?

The new directors are Konstantinos Konstantakopoulos and Charlotte Stratos, both bringing valuable experience to the board.

What was ratified regarding independent auditors?

Ernst & Young (Hellas) Certified Auditors Accountants S.A. was ratified as the independent auditors for the fiscal year 2025.

How does Costamare maintain its market position?

With a substantial fleet and ongoing newbuild projects, Costamare Inc. solidifies its leadership role in the shipping industry.

How can I contact Costamare Inc. for more information?

Interested parties can reach the company through their provided contact information, including a direct email option.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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