Company: CMDB
Filing Date: 2025-04-17
Form Type: 20FR12B/A
Source: 0001140361-25-014307
Chunk: 14

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-17
Form: 20FR12B/A
Chunk 14
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ies.The Costamare franchise is synonymous with the Konstantakopoulos family’s long history of operating and investing in the international shipping industry. Since 1974, the franchise and its affiliated managers have maintained strong global relationships with charterers, shipyards, brokers and commercial shipping leaders. We believe our reputation for reliable service and cargo carrying flexibility enables us to attract customers in the dry bulk market and obtain repeat business from charterers. We believe we are known as a creditworthy counterparty with a proven ability to execute vessel purchase and sale transactions in a timely manner through various shipping cycles. We believe that the significant size and extent of the relationships of Costamare Shipping and its reputation with customers and counterparties will continue to provide us a commercial advantage. |

| • | Experienced Ship Management Team. Costamare Shipping has more than 50 years of experience in managing vessels of various types and sizes (including dry bulk vessels), focusing exclusively on containerships from 1992 until June 2021, when Costamare Inc. acquired dry bulk vessels. Costamare Shipping has long established relationships in the market, and we believe it is recognized in the shipping industry as a leading manager. Since June 2021, Costamare Shipping has developed its management team dedicated to international dry bulk shipping, which along with the management teams of the Agency Companies have more than 120 years of aggregate experience in the industry. |

| • | Diverse Owned Fleet Developed Through Timely Vessel Acquisitions. Our owned fleet consists of 38 vessels (which includes one vessel that we have agreed to sell) and comprises of 6 Capesize vessels, 8 Kamsarmax/Panamax vessels, 8 Ultramax vessels, 10 Supramax vessels and 6 Handysize vessels. We believe that owning a diverse and well-maintained fleet affords us significant benefits, including reduced operating costs, improved safety, improved quality of service and a competitive advantage in securing favorable charters with high-quality counterparties. Our owned fleet has an average age of approximately 13 years, and we believe that each vessel was acquired at an opportune time across each vessel’s life cycle, thereby maximizing earnings potential while at the same time minimizing acquisition cost. |

| • | Cost-Efficient Vessel Operations. We believe that because of the quality of our fleet and the strength of our management team, we are, and will continue to be, a reliable vessel operator, without compromising our high standards of performance, reliability and safety. We believe that our technical