Costamare (CMRE) to Spin Off Dry Bulk Business
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Costamare Inc. Announces Spin-Off of Its Dry Bulk Business
February 27, 2025 6:47 AM ESTMONACO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE: CMRE) today announced its intent to spin-off the Companys dry bulk business into a standalone company, Costamare Bulkers Holdings Limited. 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 businessesCostamare Bulkers Holdings Limited will be an international owner and operator of dry bulk vessels and will hold... More
