STOCK TITAN

Costamare Inc. Announces Availability of Its Annual Report on Form 20-F For the Year Ended December 31, 2020

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Costamare Inc. (NYSE: CMRE) has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2020, with the U.S. Securities and Exchange Commission. The report, which includes the company’s audited financial statements, is available on its website under the ‘Investors’ section. Costamare operates a fleet of 77 containerships with a total capacity of approximately 555,810 TEU, including future acquisitions. The report outlines forward-looking statements and associated risks, emphasizing uncertainties that may affect actual results.

Positive
  • Filed Annual Report on Form 20-F with audited financials for 2020.
  • Operates a fleet of 77 containerships, enhancing capacity in the shipping industry.
  • Future acquisitions include one vessel under construction and four secondhand vessels.
Negative
  • Forward-looking statements highlight inherent uncertainties, posing risks to future performance.

MONACO, March 01, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company” or “our”) (NYSE: CMRE) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2020 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission and can be accessed on the Company’s website, www.costamare.com, in the “Investors” section under “Annual Reports”.

Stockholders may also request a hard copy of the Annual Report, which includes the Company’s complete 2020 audited financial statements, free of charge, by contacting the Company’s investor relations manager at ir@costamare.com.

About Costamare Inc.

Costamare Inc. is one of the world’s leading owners and providers of containerships for charter. The Company has over 47 years of history in the international shipping industry and a fleet of 77 containerships, with a total capacity of approximately 555,810 TEU, including one vessel under construction and four secondhand vessels that we have agreed to acquire. Ten of our containerships have been acquired pursuant to the Framework Deed with York Capital Management by vessel-owning joint venture entities in which we hold a minority equity interest. The Company’s common stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock trade on the New York Stock Exchange under the symbols “CMRE”, “CMRE PR B”, “CMRE PR C”, “CMRE PR D” and “CMRE PR E”, respectively.

Forward-Looking Statements

This press release contains “forward-looking statements”. In some cases, you can identify these statements by forward-looking words such as “believe”, “intend”, “anticipate”, “estimate”, “project”, “forecast”, “plan”, “potential”, “may”, “should”, “could” and “expect” and similar expressions. These statements are not historical facts but instead represent only the Company’s belief regarding future results, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in the Company’s Annual Report on Form 20-F (File No. 001-34934) under the caption “Risk Factors”.

Company Contacts:
Gregory Zikos - Chief Financial Officer
Konstantinos Tsakalidis - Business Development

Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: ir@costamare.com


FAQ

What is CMRE's latest Annual Report filing date?

Costamare Inc. filed its Annual Report on Form 20-F on March 1, 2021.

Where can I access Costamare's financial statements?

The financial statements are available on Costamare's website in the ‘Investors’ section.

How many containerships does Costamare own?

Costamare Inc. owns a fleet of 77 containerships.

What is the total capacity of Costamare's fleet?

Costamare's fleet has a total capacity of approximately 555,810 TEU.

Costamare Inc.

NYSE:CMRE

CMRE Rankings

CMRE Latest News

CMRE Stock Data

1.61B
118.94M
64.11%
26.75%
1.99%
Marine Shipping
Industrials
Link
United States of America
Monaco