Costamare eyes surge in rates for larger boxships
US-listed owner boosts revenues with expanded fleet as market for post-panamaxes improves sharply. The Greece-based company would benefit if the market momentum continues as it has another 15 vessels of more than 5,500 teu due open for rechartering over the next 12 months
Costamare’s latest earnings report highlights the lift-off in post-panamax boxship rates in recent weeks with several stand-out fixtures amid good fundamentals of low supply and strong demand