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Thursday
October 29, 2026
The Port Journal

Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2026

Costamare Inc. reported unaudited financial results for the third quarter and nine-month period ended September 30, 2026. I. PROFITABILITY AND LIQUIDITY Q3 2026 Adjusted Net Income from Continuing operations1 available to common stockholders of…

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Costamare Inc. reported unaudited financial results for the third quarter and nine-month period ended September 30, 2026.

II. ENTRY INTO BILATERAL FINANCING AGREEMENTS OF $1.4 BILLION, INCLUDING NEW AND PREVIOUSLY ANNOUNCED TRANSACTIONS, WITH LEADING US, EUROPEAN AND ASIAN BANKS

“During the third quarter of the year, the Company generated Net Income of approximately $88 million. Total liquidity amounted to $733 million.

We have finalized the previously announced bilateral debt refinancing agreements for a total of $1.3 bn and we expect to finalize an additional financing arrangement of c. $90 million during Q4. With that, we will have concluded the refinancing program of our existing fleet. The new agreements provide interest cost savings with no debt maturity till 2030.

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →

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