Company: CMRE-PC
Filing Date: 2025-07-10
Form Type: CORRESP
Source: 0000950157-25-000560
Chunk: 0

Company: Costamare Inc.
Filing Date: 2025-07-10
Form: CORRESP
Chunk 0
---
July 10, 2025 Costamare Inc. Form 20-F for the Fiscal Year ended December 31, 2024 Filed February 20, 2025 File No. 001-34934 Dear Mr. Wojciechowski and Mr. Rodriguez: Reference is made to the comment letter (the “ Comment Letter”) dated June 10, 2025 from the staff (the “ Staff”) of the Division of Corporation Finance of the Securities and Exchange Commission (the “ Commission”) with respect to the Report on Form 20-F for the fiscal year ended December 31, 2024, filed by Costamare Inc. (the “ Company”) with the Commission via EDGAR on February 20, 2025. The Company has today filed with the Commission, via EDGAR, this letter which sets forth the Company’s response to the comment contained in the Comment Letter. The numbered paragraph and heading below correspond to the heading set forth in the Comment Letter. The Staff’s comments are set forth in bold, followed by the Company’s response to those comments. Capitalized terms used in this letter but not defined herein have the meaning given to such terms in the Form 20-F. Form 20-F for the Fiscal Year ended December 31, 2024 Operating and Financial Review and Prospects, page 70

| 1. | We note that you includeSegmental Financial Informationon page 80 although do                                                                                                                                              
 not discuss or analyze the financial results of each segment, as would ordinarily be necessary to comply with Item 5 of Form 20-F. This requires explanations and assessments, along with quantitative and qualitative     
 descriptions of the reasons underlying material changes, and states that information provided “...also must relate to all separate segments and/or other subdivisions (e.g., geographic areas, product lines) of the       
 company [and]...must include other statistical data that the company believes will enhance a reader’s understanding of the company’s financial condition, cash flows and other changes in financial condition, and results 
 of operations.”                                                                                                                                                                                                            |

Please expand your disclosures to discuss and analyze the results of operations of each reportable segment, including the associated non-financial statistical details that are correlated with those operations, to address the requirements referenced above.

Given your disclosure on page 55, explaining that having a large fleet of containerships with varying TEU capacities has enhanced your relationships with charterers by enabling them to efficiently serve the East-West, North-South and Intraregional trade routes, which