Company: CMDB
Filing Date: 2025-04-23
Form Type: 20FR12B/A
Source: 0001140361-25-015197
Chunk: 151

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-23
Form: 20FR12B/A
Chunk 151
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 into Asia. These vessels had traditionally been regarded as being too large to transit the Panama Canal, though the widening of the canal means that many ships in this sector are now able to transit, though typically not when fully laden. Key designs within this category include “standard” Capesizes of approximately 180,000 dwt, “Newcastlemaxes” of approximately 210,000 dwt, “Wozmaxes” of approximately 250,000 dwt and Very Large Ore Carriers (VLOCs) of up to 400,000 dwt.

The Panamax sector is mainly comprised of vessels of 70,000-99,999 dwt (though it also includes some older designs of 60,000-69,999 dwt). These vessels are historically the largest vessels able to transit the Panama

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Canal when laden, and are primarily involved in the transportation of coal and grain, as well as iron ore and some minor bulks, on a wide range of both long-haul and shorter-haul trade routes. Designs of approximately 75,000 dwt were popular through the 2000s and early 2010s, but “Kamsarmax” designs of approximately 82,000 dwt have become the dominant design in the sector over the last decade. Figure 2. Dry Bulk Fleet Summary

| Sector    |        |     | Size (DWT)    |             |     |  Fleet |     |         |     | % share of 
 DWT        |     | Average 
     Age |     | % 20+ yrs* |
|           | Number |     |               | million DWT |     |        |     |         |     |            |     |         |     |            |
| Capesize  |        |     | 100,000 DWT+  |             |     |  2,031 |     |   401.3 |     | 38.7%      |     |    11.4 |     | 4%         |
| Panamax   |        |     | 70-99,999 DWT |             |     |  3,240 |     |   263.2 |     | 25.4%      |     |    12.2 |     | 13%        |
| Handymax  |        |     | 45-69,999 DWT