Company: CMDB
Filing Date: 2025-04-17
Form Type: 20FR12B/A
Source: 0001140361-25-014307
Chunk: 147

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-17
Form: 20FR12B/A
Chunk 147
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 on vessels and port authorities, most of which are contained in the newly created ISPS Code. Among the various requirements are:

| • | on-board installation of automatic information systems to enhance vessel-to-vessel and vessel-to-shore communications; |

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| • | on-board installation of ship security alert systems; |

| • | the development of ship security plans; and |

| • | compliance with flag state security certification requirements. |

The U.S. Coast Guard regulations, intended to align with international maritime security standards, exempt non-U.S. vessels from MTSA vessel security measures; provided such vessels have on board a valid “International Ship Security Certificate” that attests to the vessel’s compliance with SOLAS security requirements and the ISPS Code. We have implemented the various security measures required by the IMO, SOLAS and the ISPS Code and have approved ISPS certificates and plans certified by the applicable flag state on board all our vessels.

| C. | Organizational Structure |

We are currently a wholly owned subsidiary of Costamare Inc. After the spin-off, we will be a holding company for our subsidiaries, all of which will be wholly owned by us. A list of our subsidiaries, and their jurisdiction of organization, following the spin-off and the completion of the Restructuring Transactions, as of April 7, 2025, is set forth in Exhibit 8.1 to this registration statement.

| D. | Property, Plant and Equipment |

We have no freehold or material leasehold interest in any real property. We occupy office space at 7 rue du Gabian, MC 98000 Monaco. Other than our vessels, we do not have any material property. Certain of our vessels are subject to priority mortgages, which secure our obligations under our various credit facilities. For further details regarding our credit facilities, refer to “Item 5. Operating and Financial Review and Prospects—5.B. Liquidity and Capital Resources—Credit Facilities”.

| ITEM 4.A. | UNRESOLVED STAFF COMMENTS |

Not applicable.

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THE INTERNATIONAL DRY BULK SHIPPING INDUSTRY The information and data contained in this registration statement relating to the international dry bulk shipping industry has been provided by Clarksons Research Services Limited (“Clarksons Research”) and is taken from Clarksons Research’s database and other sources. We believe and act as though the information and data contained in the registration statement and relating to the international dry bulk shipping industry provided by Clarksons Research is