CMRE News and Press, Costamare Inc. $0.0001 par value From 10/13/20

Container shipping may be facing a normalization phase after the COVID crises. Equity prices are deeply depressed. In capital intensive business PTB are as high as 0.6. and as low as 0.20x. In many cases liabilities have been restructured and offer competitive conditions which off...

Mintzmyer tells me how he got started in investing and why he gravitated toward shipping. He discusses the outlook for the industry on a multi-year timeframe and also gets into the current opportunities. He talks about three different types of shipping companies that are somewhat ...

Shares of Costamare (NYSE: CMRE) fell 14.1% in September, according to data from S&P Global Market Intelligence , after it got caught in the downdraft that plagued shipping stocks in the middle of the month. Costamare's stock had been on the rise early in the month, as t...

MONACO, Oct. 02, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced the election of one Class I director at the Company’s annual meeting of stockholders held virtually today....

Shares of containership operator Costamare (NYSE: CMRE) popped 11% in early trading on the Nasdaq today, before settling down to about a 7.8% gain at noon EDT. Now, it's possible that this Motley Fool article had something to do with that. But if you ask me, if you own s...

Citigroup double upgraded Costamare ([[CMRE]] +13.2%) to Buy from Sell, PT raised to $6.50 from $4.Analyst Christian Wetherbee believes that the recently improved containership fundamentals are likely to be sustained in the intermediate term, allowing strength in box rates to spill over ...

Shipping is not a favored sector in 2020. Outside of the energy space, it is difficult to find a more beleaguered performer. Containerships transport retail goods across the world and are an essential artery of the global economy, 90% of trade flows by sea. There are 3 primary cat...

MONACO, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced today that its 2020 annual meeting of the stockholders (the “Annual Meeting”) will be held virtual...

The global container ship fleet is estimated at 5,500 ships with a combined capacity to carry up to 23 million 20 feet containers , equivalent to 27 billion cubic feet or the volume of 730 empire state buildings at once. Close to 45% of the fleet is owned by companies like Maersk ( AMKBY ) ...

Note: This report was published July 17, 2020, on Value Investor's Edge. Overview During 2009-2018, shipping was defined by a massive bear market which saw fleeting bull runs. But shipping is highly cyclical. This cyclicality hit a tipping point in 2018, when we began ushering in a...