Company: CMDB
Filing Date: 2025-04-23
Form Type: 20FR12B/A
Source: 0001140361-25-015197
Chunk: 316

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-23
Form: 20FR12B/A
Chunk 316
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 (loss) on derivative instruments, net   |     |                         $2,511 |     |      $568 |
| Forward Freight Agreements                                      |     | Gain / (loss) on derivative instruments, net   |     |                          5,421 |     |   -47,684 |
| Bunker swap agreements                                          |     | Gain / (loss) on derivative instruments, net   |     |                         -1,491 |     |     3,825 |
| EUA Futures                                                     |     | Gain / (loss) on derivative instruments, net   |     |                              — |     |       276 |
| Forward currency contracts                                      |     | Gain / (loss) on derivative instruments, net   |     |                            -26 |     |         — |
| Total                                                           |     |                                                |     |                         $6,415 |     | $(43,015) |

16. Financial Instruments: (a) Interest rate risk: The Company’s interest rates and loan repayment terms are described in Note 7. (b) Concentration of credit risk: Financial instruments which potentially subject the Company to significant concentrations of credit risk consist principally of cash and cash equivalents, margin deposits, accounts receivable, net (included in current and non-current assets) and derivative contracts (interest rate caps, foreign currency contracts, FFAs, bunkers swap agreements and EUA futures). The Company places its cash and cash equivalents, consisting mostly of deposits, with established financial institutions. The Company performs periodic evaluations of the relative credit standing of those financial institutions. The Company is exposed to credit risk in the event of non-performance by the counterparties to its derivative instruments; however, the Company limits its exposure by diversifying among counterparties with high credit ratings. The Company limits its credit risk with accounts receivable by performing ongoing credit evaluations of its customers’ and investees’ financial condition, receives charter hires in advance and generally does not require collateral for its accounts receivable. In addition, the Company follows standardized established policies which include monitoring of the counterparties’ financial performance, debt covenants (including vessels values), and shipping industry trends. (c) Fair value: The carrying amounts reflected in the accompanying predecessor combined carve-out balance sheet of accounts payable and related party loans, approximate their respective fair values due to the short maturity of these instruments. The fair value of long-term bank loans with variable interest rates approximates the recorded values, generally due to their variable interest rates. The fair value of the interest rate cap agreements, the