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CMRE - Leveraged Shipping Firms Like Costamare Could Soon Get Smashed
Costamare Inc. $0.0001 par value
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The shipping industry is in trouble, and new fuel regulations set to take effect on January 1st are set to make the situation worse. While it no longer looks like oil prices will spiral out of control once the IMO 2020 low sulfur regulations for maritime shipping take effect, struggling companies in the shipping industry are still likely to suffer heavily. In this article I will be discussing Costamare (CMRE)specifically, but the same applies