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Costamare Announced Its Intent To Spin-off The Company's Dry Bulk Business Into A Standalone Company, Costamare Bulkers Holdings Limited

Author: Benzinga Newsdesk | February 27, 2025 06:51am

The planned spin-off will result in two separate, publicly traded companies:

Costamare Inc. will remain a global container shipping provider, retaining the owned container vessels and Neptune Maritime Leasing Limited businesses.
Costamare Bulkers Holdings Limited will be an international owner and operator of dry bulk vessels and will hold the owned dry bulk vessels and the CBI operating platform.

Posted In: CMRE