Costamare steps up newbuilding program

Costamare Inc. has 16 caller containership newbuilding agreements underway successful China, which are expected to make an further 2.8 cardinal dollars successful contracted revenues for the company.

Total contracted backlog has present exceeded the 6 cardinal threshold, reaching 6.2 billion, with a remaining mean charter duration of 6.1 years—equivalent to much than 1 cardinal dollars per year connected average. The New York-listed company, controlled by Kostis Konstantakopoulos, is presently executing a shipbuilding programme for a total of 22 containerships.

In particular, during April, the institution agreed to the operation of 12 containerships of 9,200 TEUs each, which person been chartered to Cosco for a play of 15 years.

In the aforesaid period, it besides added 4 3,100 TEU vessels to its orderbook, which are likewise chartered to Cosco for 8 years. Since 2025, the institution has besides had under operation an further six 3,100 TEU boxships, already chartered for 8 years to a large liner operator.

Neptune Leasing

With respect to Neptune Leasing, successful which Costamare holds a controlling stake, it is noted that the level has financed oregon committed to concern 52 vessels, with a total value of 675 cardinal dollars.

For the archetypal 4th of 2026, invested superior amounted to 182.2 cardinal dollars.