Costamare Inc. Shares Annual Report Highlights
Costamare Inc. has made a significant announcement regarding the availability of its Annual Report on Form 20-F, which pertains to the fiscal year that concluded on December 31, 2024. This report has been officially filed with the U.S. Securities and Exchange Commission, ensuring transparency and accessibility for stakeholders.
Accessing the Annual Report
Stockholders and interested parties can readily access the Annual Report by visiting the Company’s website in the ‘Investors’ section. This part of the website features a dedicated area for Annual Reports, facilitating the retrieval of essential financial information.
Requesting a Hard Copy
If stockholders prefer a physical version of the Annual Report, they have the option to request a hard copy free of charge. To do so, they can get in touch with the Company’s investor relations manager directly via email. This shows Costamare’s commitment to keeping communication channels open for their investors.
About Costamare Inc.
Costamare Inc. is celebrated as one of the leading entities in the ownership and management of containerships and dry bulk vessels for charter. With over five decades of experience in the international shipping sector, the Company commands an impressive fleet consisting of 68 containerships, totaling around 513,000 TEU capacity. Additionally, it boasts 38 dry bulk vessels that collectively offer about 3,016,000 DWT capacity, which includes one vessel currently under agreement for sale.
Comprehensive Ship Management
The organization operates a well-structured dry bulk platform that allows it to manage dry bulk vessels efficiently. Through a variety of engagement strategies, including contracts of affreightment and forward freight agreements, Costamare effectively navigates the complexities of the shipping market. Furthermore, the implementation of hedging solutions enhances its operational stability and financial outlook.
Leasing and Financing Solutions
In addition to its ownership of vessels, Costamare also engages in lease financing, which expands its avenues for revenue generation. By diversifying its service offerings, the Company strengthens its position in the competitive shipping industry. Investors can track their common stock and various preferred stock classes under the NYSE listings, specifically under the symbols: CMRE, CMRE PR B, CMRE PR C, and CMRE PR D.
Investor Relations and Company Contacts
For inquiries regarding the Company’s performance or to request further information, Costamare’s investor relations team is available. Gregory Zikos, the Chief Financial Officer, and Konstantinos Tsakalidis, overseeing Business Development and Investor Relations, are pivotal contacts for stakeholders seeking insights into the Company's operations.
Frequently Asked Questions
What does the Annual Report on Form 20-F include?
The Annual Report includes comprehensive financial statements, management discussions, and operational insights pertinent to the fiscal year.
How can I access Costamare's Annual Report?
You can access it on the Company’s website under the ‘Investors’ section dedicated to Annual Reports.
Can shareholders request a printed version of the report?
Yes, shareholders can request a hard copy of the Annual Report at no cost by contacting investor relations.
What services does Costamare Inc. provide?
Costamare is involved in the ownership and management of both containerships and dry bulk vessels, offering charter services.
Who are the key contacts for investor inquiries at Costamare?
The key contacts include Gregory Zikos and Konstantinos Tsakalidis for investor relations.
