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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

Benzinga·02/27/2025 11:51:25
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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.